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System: David Bautista

Description: This system is designed to take advantage of trending and ranging currency pairs to maximize profitability and risk -1.5% of equity per trade to be able to absorb long strings of losses to attain longevity and protect capital.

Type of Trading: Real

Broker: FXCM

Started: Oct 29, 2014

Views: 294

Tracking: 1 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY[/one_half]

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[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The David Bautista system has made 230 trades with an average winning trade of 235.36 pips / , the average losing trade around -178.51 pips / and an average trade length of 12d.

The best trade it ever had was (Jan 15) 1609.8 in pips and the worst trade was (Jan 15) -955.8 in pips.

It has won (39/89) 43% of its attempted buys and (75/141) 53% of its attempted sells.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average win is larger than 10 pips which is usually a good thing.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Uses a potentially huge and dangerous stop loss.,Prone to large drawdowns.,

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